News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • USD/CAD trending lower has been a theme since it peaked in dramatic fashion back in March, but the downtrend may be put to the test soon as a falling wedge pattern comes to light. Get your $USDCAD market update from @PaulRobinsonFX here:https://t.co/qjobL4Uyq9 https://t.co/wgd9nZSGpj
  • US Indices remain in the red but have pared some losses as session advances into the afternoon. DOW -0.38% NDX -0.13% SPX -0.24% RUT -0.03% $DOW $QQQ $SPY $IWM
  • A bout of risk aversion sees the Australian Dollar under pressure this morning with a larger than expected drop in retail sales adding to the soft tone for the currency. Get your $AUD market update from @JMcQueenFX here:https://t.co/fCa9gCxxxk https://t.co/WaAG58Ztar
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in EUR/JPY are at opposite extremes with 64.66%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/juDA0EsIR7
  • Totally normal market behavior happening in $GME which was just halted after surging 69% in the session https://t.co/UT6RrOhZ2L
  • $EURCAD hit an intraday high just shy of 1.5500 before turning slightly downward. The pair is currently trading at its highest levels since early last week. $EUR $CAD https://t.co/Cj6Vu9Rg5L
  • Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Gold: -0.84% Oil - US Crude: -1.40% Silver: -1.82% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Nc1fRSiBw5
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.08% 🇨🇭CHF: -0.03% 🇯🇵JPY: -0.27% 🇳🇿NZD: -0.52% 🇦🇺AUD: -0.54% 🇨🇦CAD: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hFb5XRGzCL
  • UK PM Johnson says there are some new evidence that the new COVID variant may be linked to higher mortality $GBP
  • Get your Friday market update from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/bbnkIHROmI
Forex Strategy Video: GBPUSD and AUDJPY - Short-Term vs Long-Term Setups

Forex Strategy Video: GBPUSD and AUDJPY - Short-Term vs Long-Term Setups

John Kicklighter, Chief Strategist

Talking Points:

  • While short-term and long-term trading strategies share many traits, there are also key differences
  • Fundamentals, technicals, time frames and stop/target buffers differ between the two time frames
  • The easiest way to assess your trading time frame is to simply check what frequency charts you use

Sign up for John’s email distribution list, here.

Can a single strategy be successfully applied to both a daily and hourly chart? While many of the principles that we practice in our trading are consistent regardless of our time frame, there are certain aspects that require a particular approach to develop a successful strategy. In today's Forex Strategy video, we use GBPUSD and AUDJPY to illustrate the different use of fundamentals, technicals and positioning depending on the time frame we trade on.

New to Forex? Watch this Forex introduction video.

Find the same event risk discussed in today's video using the DailyFX Economic Calendar.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES